Central Bank Digital Currencies - the future of the digital euro
summary
ECB considers a July decision to move the project into an investigation phase that could lead to a five-year rollout for a limited, retail-first CBDC covering account-based POS and P2P payments. Work so far tests hardware, DLT elements, TIPS integration and ISO 20022 messaging; public consultation flags privacy as top priority. Design choices include tiered remuneration to avoid bank deposit runs, offline vs online tradeoffs, and interoperability with stablecoins and cross-border rails; none of these choices is settled.
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chapters (8)
- 0:00Start
- 2:35Lawrence Wintermeyer Executive Co-Chair of Global Digital Finance
- 9:07Barriers To Overcome with Cbdc
- 35:48Interoperability
- 39:39Digital Euro
- 40:16Synergies with the Industry
- 57:51Advantages
- 1:04:36Why the Digital Euro
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